Scott Saunders is founder and CEO of a young and ambitious online comparison engine called Payroll Supermarket. He is also co-organiser of the British Invention Show and awards.
Scott shot into the public eye in 2015 when he managed to rise above over 20,000 applicants of budding entrepreneurs from all around the globe to secure a slot on the BBC prime time smash hit show The Apprentice with Lord Alan Sugar. Scott successfully fought and battled his way through to the 9th round, where, in a rebellious act of defiance he sent shock waves through the nation when he decided to walk out of the board room and leave the show on his own terms, rather than being hired or fired. In the 12 year history of the show, and of the 140 candidates this has only ever happen before twice.
In this episode we talk about:
- Earliest childhood experiences as an entrepreneur
- Why he has recently down sized his house and turned down a £100k job offer to build his business and risk everything
- His experience on The Apprentice
- And generally talk about entrepreneurship, his approach to running a business, how creativity plays a part in his commercial life, social media tactics, the mindsets he’s adopted and his strong views about the out of date education system.
Read the magazine interview here: SCOTT SAUNDERS ON CREATIVITY, IDEA JOURNALS & SIR ALAN SUGAR
- Be the best that you can be in anything you’re doing
- I always thought I was just going to be a millionaire, because that’s what happens. But you really have to develop yourself to become someone of that calibre.
- Become a person of value rather than a person of success (Zig Ziglar)
- I’ve always said, from the earliest age, that I want to have my own company
- The very first step is the hardest, but the most crucial
- When you write things on paper it makes your mind work harder and want to push even more to make it happen
- The successful person and the unsuccessful person all get given the same amount of opportunities, it’s all about whether or not you notice them (MP)
- I felt so strongly about my idea and how far it’s come, that I knew I could push it to the next level
- It’s going to be huge, it’s on its way to being huge – and I’ve never lost my vision
- I’m married to my company, it’s my baby
- I just love the feeling of being free, and doing stuff how you think it should be done
- I find it really tough working for other people
- Don’t get me wrong it’s very tough at times, but now I am the creator of my destiny
- It can be lonely starting off your company… but it’s a small sacrifice for a short space of time Experience is key to finding success
- I try to steer clear of being worried and scared, however it does happen
- Just keep going. Keep on going. Keep on going.
- It is very very important to build your contacts and meet as many people as you can
- We become that what we believe the most (MP)
- Be creative. Go out there and try something else. Be an entrepreneur.
- Go against the status quoThe whole world doesn’t want you do do it. It doesn’t want you to do it at all. But you have to. That’s an entrepreneur someone going outside their comfort zone and making it happen
- Get your mind in the right place by not listening to people who have a negative impact on what you want to achieve
- We should, from a young, age be taught about money and the value of money
- If you want something, go and get it
- We only live once, just go for it.
The Apprentice https://en.wikipedia.org/wiki/The_Apprentice_(UK_TV_series)
Michael Jackson https://en.wikipedia.org/wiki/Michael_Jackson
Zig Ziglar https://www.ziglar.com/
Payroll Supermarket http://www.payroll-supermarket.com/
Black & Red note book http://www.blacknred.com/
Jon Morter https://en.wikipedia.org/wiki/Jon_Morter
“The Lean Six Sigma”, Micheal L George http://amzn.to/1YQOKCG
Claud Littner https://en.wikipedia.org/wiki/Claude_Littner
Glacier Clothing https://www.instagram.com/glaciaclothing
Kane Kramer http://www.kanekramer.com/
- 00:03:06 – The Apprentice and response from the public since Scott has left the show
- 00:05:24 – Scott’s early entrepreneurial endeavours and lessons
- 00:06:56 – How he used his creative skills to help him in sales roles and business
- 00:08:40 – On the values instilled when Scott was young
- 00:10:24 – Building a big company and a family culture is what drives Scott every day.
- 00:14:06 – On what Payroll Supermarket do as a company – a world first
- 00:15:32 – How Payroll supermarket make money
- 00:16:31 – The first step Scott took to get his business off the ground
- 00:18:50 – How Scott found a product market fit to qualify the viability of his business idea
- 00:23:26 – Why Scott turned down a £100k job to follow his dream and build a business
- 00:24:44 – First recruits and start up mentality
- 00:26:12 – Why Scott has decided to be an entrepreneur rather than have a steady career
- 00:27:21 – The challenges and sacrifices Scott has made
- 00:30:34 – How Scott deals with the pressure of working for himself and working alone
- 00:32:09 – On the importance of networking and structuring the working week
- 00:33:28 – Scott’s biggest character flaw is thinking things they are easier than they really are
- 00:34:27 – Kaizen, continuous improvement and bitesize chunks
- 00:36:59 – The Lean Six Sigma
- 00:42:39 – How Scott organises himself and his business
- 00:44:21 – Scott’s exercise routine and morning routine
- 00:46:34 – On social media promotion (Scott keeps a spreadsheet of the effectiveness of every social status update)
- 00:48:23 – building personal brands
- 00:49:42 – The QVCA theory for promoting content on social to build a personal brand (Quality, Valuable, Consistency and Authenticity)
- 00:51:29 – How Scott brings ‘Authenticity’ to his social media
- 00:52:13 – The experience of going on The Apprentice
- 00:54:54 – The best piece of advice Scott ever received was from his Dad – Aim High
- 00:55:16 – Rule or conventional piece of wisdom Scott disagrees with – The entire school and education system
- 00:58:44 – Scott’s definition of entrepreneurship: Go against the status quo
If you could go back to any point in your life, and have 1 hour with your past self; what moment would it be and what would you tell yourself?
01:00:25 – I would also take myself back to when I was 16 years old and tell myself: ‘from this moment on, make sure you put away 25% of what you earn and don’t touch it’. You don’t realise how important this is and you also won’t believe how fast the time goes. It’s crucial. Make sure you do it too.
What role does disruption and innovation play for you in your business?
01:01:11 – Disruption is a good thing for your company, but depends on how far and who you’re disrupting. But innovation is a huge part of where we are today.
If you could change one law what would it be?
01:02:40 – The way kids are educated, and the school system.
What advice would you give to anyone listening to this who wants to become successful?
01:03:41 – If you want something, go and get it. We only live once, just go for it.
Who do you nominate to be a guest on the Rebelhead Entrepreneurs podcast?
01:04:10 – Kane Kramer.